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    440 Fairway Dr West Des Moines, IA 50266

    Sponsored
    For Lease
    $22 SF/Yr

    Modern office suites, ideal location.

    Lot size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, two-story office building, totaling 18,000 square feet, is situated on a 1.62-acre lot in the desirable Western Suburbs' Jordan Creek Trade Area. Built in 2007, the property features a striking modern brick façade and boasts ample natural light thanks to its fully window-lined design. The building offers multiple suites, with a minimum divisible space of 2,386 square feet and a maximum contiguous space of 8,238 square feet currently available. This space is conveniently located at 440 Fairway Drive, with easy access via Village View Drive. The property includes a beautiful water feature, easily accessible building and parking lot, and is zoned PUD. The building includes elevators and is handicap accessible. The currently vacant 8,238 square feet is comprised of two contiguous suites (2,386 sq ft and 5,852 sq ft) easily combined into one large space. The larger suite, previously a salon and spa, offers a reception area, open floor plan, and several private rooms with sinks. The smaller suite features an open layout, two restrooms, and a private office. This location, within the high-end Village of Ponderosa development, benefits from strong co-tenancy and a high-scoring demographic area, making it perfect for retail, professional services, or medical users.

    Property Features for 440 Fairway Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,000 SF
    Class
    A
    Total Rate
    33750

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 110
    Size
    8,238 SF
    Rate per SF
    $22
    Space
    Suite 100
    Size
    5,852 SF
    Rate per SF
    $22

    HighLights

    • 18,000 SF Class A retail and office building in the Jordan Creek Trade Area of the Western Suburbs.
    • Two contiguous suites totaling 8,238 SF available, with a minimum divisible space of 2,386 SF.
    • Located in the high‑end Village of Ponderosa development, with a modern brick facade and ample natural light.
    • Building features include a water feature, easy accessibility, and excellent condition.
    • Strong retail trade and residential density in the immediate area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gourley, Rehkemper & Lindholm ... Attorney Matthew T. Lindholm Trial Attorney Robert G. Rehkemper Trial Attorney Grant C. Gangestad Trial Attorney Scott A. Michels Trial Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.788962441076
    Latitude
    41.56410538741

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    FAQs

    What type of property is this?
    Medical office - Modern office suites, ideal location.
    Where is this medical office located?
    The property is located at 440 Fairway Dr West Des Moines, IA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 18,000 SF Class A retail and office building in the Jordan Creek Trade Area of the Western Suburbs.; Two contiguous suites totaling 8,238 SF available, with a minimum divisible space of 2,386 SF.; Located in the high-end Village of Ponderosa development, with a modern brick facade and ample natural light.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    440 Fairway Dr West Des Moines, IA 50266
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